ASX approaching resistance, potential drop!

ASX is approaching our first resistance at 6226.6 (horizontal swing high resistance, 61.8% Fibonacci retracement, 61.8% Fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 6146.0 (61.8% Fibonacci retracement, 61.8% Fibonacci extension, horizontal overlap support).
Stochastic (89,5,3) is also approaching resistance where we might see a corresponding drop in price.
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